How to make an extra £20 a month
From 2017 the British government allows you to make a £1000 a year without having to declare it for tax purposes. If you have a couple of hours a week to spare it is fairly easy to earn some extra money online.
A lot of companies like to conduct market research by getting people to fill in surveys. This can be any thing from watching adverts to see if you have understood the message, to asking questions to find out how you shop.
Like many people I began my online money making by filling in these surveys. I would be the first to admit that spending 20 minutes filling in a survey for 50 pence is working well below the minimum wage however if you are time rich and money poor it is worth considering these sites as a way to earn a few pence. Many sites also offer vouchers which can be saved for Christmas or birthday presents. Quite a few sites also let you donate money to charity.
I look for sites that let me cash out at a low payment threshold and are easy to use. Another important consideration is do they use the demographic information you provide to choose suitable surveys to match your profile. I prefer using British sites as I think they are less likely to disqualify you from surveys. Sometimes filling in surveys can lead to other opportunities. This year I was invited to a focus group to discus a well known science magazine for which I was paid £30.00 after filling in a survey and I was also asked to keep a spending diary after another survey on a different site for which I received £15.00. It is worth thinking about your answers and paying attention to trick questions.
My favourite site which does have a £50.00 minimum cash out is populus live. It pays about £1.00 for five minutes and it took me about ten months to earn £50.00.
A couple of other reliable sites.
This site is American but seems to have plenty of surveys. You start as a bronze member and can then pass through the ranks to become a silver or gold member which gives you a chance to get higher paying surveys and more points in the daily poll. Be sure to do the daily poll to get at least 5 extra points a day. You also receive a bonus if you are disqualified from a survey.
we both get 50p if you use my link. If you install the QMee app you will also earn a few pence for searches. This site lets you cash out any amount to paypal so it is worth giving it a try.
This site is a slow but reliable earner. Minimum cashout is £50.00. Surveys are by email invitation only and once you are invited to participate in a survey you can usually complete it. They are generally short and work well and are often on political or current topics.
I would like to know other people’s favourites in the comments. I know Pinecone is highly recommended but I have been unable to get on the panel.